Indian Institute of Management – Nagpur
Indian Institute of Management – Nagpur

IIM Nagpur Placements 2024: Highest Package, Average Package, MBA Placements, Summer Placements & Top Recruiters

Nagpur, Maharashtra

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IIM Nagpur Placements 2024 witnessed the participation of top recruiters like Microsoft, Adani, ICICI Bank, Infosys, Accenture, and Deloitte among many others. A total of 255 students appeared for the final placement process. A total of 62 first-time recruiters participated in the IIM Nagpur MBA final placements. This year, IIM Nagpur’s highest package went up to INR 38.90 lakhs per annum & the average CTC stood at  INR 16.29 lakhs per annum. While the median CTC at IIM Nagpur went upto INR 16 lakhs per annum. Out of the total 255 students who participated in the final placement process, 50% were freshers. 

In the IIM Nagpur MBA placement process, the top profiles that were offered to the students were that of Product Management, Area Sales Manager, Retail Banking & Supply Chain Consultant. IIM Nagpur witnessed the maximum number of offers from sectors like Strategy & Consulting, Operations, and IT & Analytics with 50% of the students opting for these roles. 

In the IIM Nagpur Summer Placements 2024, a total of 262 students participated. The institute welcomed more than 125 recruiters out of which 81 were first-time recruiters. The prominent recruiters at IIM Nagpur’s Summer Placements 2024 include Adani, Aditya Birla Capital, ICICI Bank, IBM among many others. The highest stipend went up to INR 4.50 lakhs and the average stipend stood at INR 87,257. This year,  IIM Nagpur has witnessed an increase in the average stipend by 10.74% and an increase in the median stipend by 8.33% respectively.

Also Check: IIM Nagpur Admission 2024

IIM Nagpur Placements 2024

IIM Nagpur successfully completed the final placements process for the 2023-24 MBA Batch. A total of 255 students appeared for the final placement process. IIM Nagpur welcomed top recruiters from various sectors like E-Commerce, Consulting, Manufacturing and Logistics, BFSI, FMCG/FMCD & ITES. 

The details of IIM Nagpur Placements for the 2022-24 MBA batch have been shared below.

IIM Nagpur MBA Placements 2024: Key Highlights

A total of 255 students participated in the IIM Nagpur MBA Final Placements 2024 process. The top profiles that were offered to the students included Product Management, Area Sales Manager, Supply Chain Consultant, etc. 

Particulars

Details 

Total No. of Students

255

Top Profiles Offered

  • Product Management
  • Area Sales Manager
  • Retail Banking
  • Supply Chain Consultant
  • Analytics Consultant
  • New Product Development

Maximum Offers From 

  • Strategy & Consulting
  • Operations
  • IT & Analytics

(50% of the students opted for these roles)

No. of First-Time Recruiters

62

IIM Nagpur MBA Placements 2024: Key Statistics

Tabulated below are the IIM Nagpur MBA placements statistics for the year 2024:

Particulars

Details 

Average CTC

INR 16.29 Lakhs Per Annum

Top 50% Average CTC

INR 19.49 Lakhs Per Annum

Median CTC

INR 16 Lakhs Per Annum

Highest CTC

INR 38.90 Lakhs Per Annum

IIM Nagpur MBA Placements 2024: Batch Profile 

The academic background and work experience of the IIM Nagpur MBA Batch 2023-24 have been shared below:

Academic Background

Out of a total 255 students, 19.6% students were from Electronics background & 16.2% of them were from a Computer Science, Engineering & IT background. Only 10% of the students came from a Business Management background.

IIM Nagpur Batch Profile

Work Experience

Out of the total number of students who participated in the IIM Nagpur MBA Final Placements, 50% were freshers. Only 17% of the students had more than 2 years of work experience.

Work Experience

Percentage of Students

Freshers

50.19%

Less than 12 months

10.28%

1 to 2 years

22.53%

More than 2 years

17%

IIM Nagpur MBA Placements 2024: Domain Wise Split

Most of the students opted for roles in domains such as Strategy Consulting, IT & Analytics, Sales & Marketing, Operations, General Management, Product Management & Finance.

Domain

No. of Offers

Strategy & Consulting

17.05%

IT & Analytics

13.64%

Operations

10.92%

Sales & Marketing

14.88%

General Management

18.49%

Finance

11.57%

Product Management

11.92%

IIM Nagpur MBA Placements 2024: Sector-Wise Split

More than 70% of the students opted for jobs in the IT/ITES & BFSI sectors followed by the Consulting sector. 

Sector

No. of Offers

ITES

33.50%

BFSI

31%

Consulting

13.80%

Manufacturing

12%

Conglomerate

2.89%

E-Commerce & Logistics

1.44%

FMCG & FMCD

3.10%

Pharmaceutical & Telecommunications

2.27%

IIM Nagpur MBA Placements 2024: Top Recruiters 

This year, the top recruiters included Microsoft, Adani, Bank of America, ICICI Bank, BNY Mellon, HDFC Bank, ADP, Indus Valley Partners, Mahindra & Mahindra, KPMG, Deloitte, Yes Bank, TVS Motors, Loreal, Accenture etc. This year, there were 19 first-time recruiters including Adani, Yes Bank, Loreal, etc. 

IIM Nagpur MBA Placements 2023: Top Recruiters 

IIM Nagpur Summer Placements 2024

IIM Nagpur has completed the Summer Placements process for the 2023-25 MBA batch in March 2024. This year, a total of 262 students appeared for the Summer Placement process. IIM Nagpur welcomed more than 80 new recruiters from various sectors like Consulting, BFSI, FMCG/FMCD, ITES, E-Commerce, Manufacturing, Logistics, and many others.

The details of IIM Nagpur Summer Placements for the 2023-25 MBA batch have been shared below.

IIM Nagpur MBA Summer Placements 2024: Key Statistics

In the 2024 MBA Summer Placements, IIM Nagpur has witnessed an increase in the average stipend by 10.74% and an increase in the median stipend by 8.33% to ₹ 87,257/- and₹ 65,000/- respectively.

Particulars

Details 

Total No. of Students

262

Total No. of New Recruiters

81

Average Stipend

INR 87,257/-

Median Stipend

INR 65,000/-

Highest Stipend

INR 4,50,000/-

IIM Nagpur MBA Summer Placements 2024: Batch Profile 

The batch profile of the 2023-25 MBA batch has been shared below. The batch profile includes the gender profile, academic background, and work experience of the students.

Total No. of Students

Males

Females

262

143 119

Academic Background

The maximum number of students in the 2023-25 batch came from Electronics/Electrical Engineering and allied backgrounds. Out of the total lot, 36% of the students came from the B.Sc/BA/BBA & allied background.

Academic BackgroundWork Experience

More than half of the students of the 2023-25 batch were freshers. Only 13.26% of the students had 2 to 4 years of work experience.

Work Experience

Percentage of Students

Freshers

45.45%

0 to 12 months

29.17%

13 to 24 months

12.12%

24 to 48 + months

13.26%

IIM Nagpur MBA Summer Placements 2024: Sector-Wise Split

ITES and Manufacturing sectors emerged as the most sought-after sectors, followed by the Banking sector. More than 60 percent of the cohort opted for companies in these sectors. 

Sector

IIM Nagpur MBA Summer Placements 2024: Domain Wise Split

In the 2024 Summer Placements session, the most preferred roles among the students were in domains like Sales and Marketing, General Management, Strategy Consulting, IT & Analytics, Operations, and Finance, followed by roles in the domain of Product Management. 

Domain

No. of Offers

Finance

4.85%

General Management

19.38%

Human Resources

3.52%

IT & Analytics

8.37%

Sales & Marketing

42.73%

Operations

3.96%

Product Management

6.17%

Strategy & Consulting

11.01%

IIM Nagpur MBA Summer Placements 2024: Top Recruiters

The top recruiters who participated in the 2024 IIM Nagpur Summer Placement Season include Adani, Aditya Birla Capital, ICICI Bank, BNY Mellon, IBM, Dalmia Bharat, Crompton, TVS Credit Services, Zycus, Vedanta, Atlas Copco, V-guard Industries, Godrej Properties, Fujitsu, Bajaj Finance and many more.  This year also witnessed the participation of 54 first-time recruiters including Adani, Aditya Birla Capital & Godrej Properties. 

IIM Nagpur MBA Summer Placements 2023: Top Recruiters

IIM Nagpur Placement Process 2024

The IIM Nagpur placement process can be divided into 6 stages which have been explained below:

Stage

Details 

Stage 1: CDS (Career Development Services)

  • At IIM Nagpur, the Career Development Services (CDS) office collaborates with the Student Placement Committee to manage the on-campus recruitment process
  • Beyond placements, CDS also coordinates diverse industry-connect initiatives to enhance student development

Stage 2: Students Applications

  • The companies visiting IIM Nagpur share a detail description of the roles on offer at least a week before the commencement of the placement process
  • This job description provides clarity to the students about the the organisations’ philosophies, expectations & the profile being offered
  • This facilitates students in making well-informed decisions and applying based on their individual interests and ambitions
  • Subsequently, these applications are conveyed to company representatives through appropriate channels

Stage 3: Shortlisting

  • Based on the relevant profiles the companies are requested to carry forward with further shortlisting of candidates or to conduct the recruitment process in multiple stages

Stage 4: Pre-Placement Talks (PPTs) and Interviews

  • Organisations are encouraged to visit the campus for Pre-Placement Talks which provides an excellent opportunity for the companies and students to interact and exchange information with regard to the organisation and the job opportunities being offered to the students
  • Students utilise this time to better understand the organisation and evaluate the opportunities being offered to them 

Stage 5: Final Selection Process

  • These applications are then forwarded to the company representatives & based on the relevant profiles the companies are requested to carry forward with further shortlisting or conduct the recruitment process in multiple stages
  • Company executives are encouraged to visit the IIM Nagpur campus to carry out the recruitment process
  • The recruitment process usually comprises of Case Study based Group Discussion and few rounds of Personal Interview (PI) however it’s not restricted to this only

Stage 6: Final Offer

  • On the completion of this process, companies make job offers to the students by sending an official offer letter to the CDS office
  • The offer acceptance is based on the Institute’s placement policy

IIM Nagpur Placements 2024: Past Recruiters

The past recruiters at IIM Nagpur include Deloitte, Amazon, Gartner, TVS, Yes Bank, Tata Power, Olx and many others.

IIM Nagpur Placements 2023: Past Recruiters

IIM Nagpur Placements 2023: Past Recruiters

Top Exams Accepted by IIM Nagpur
Common Admission Test
Exam Mode:-  Online Test
Date:-  24 Nov 2024 - 24 Nov 2024
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Frequently Asked Questions (FAQs)

What is IIM Nagpur’s average package in 2024?

The average package at IIM Nagpur in 2024 stood at INR 16.29 lakhs per annum.

What is the highest package at IIM Nagpur in 2024?

The highest package at IIM Nagpur in 2024 went up to INR 38.40 lakhs per annum.

What was the median CTC offered to the students in the IIM Nagpur Placements 2024 drive?

The median CTC that was offered to the students was INR 16 lakhs per annum.

Who were the top recruiters at IIM Nagpur Placements 2024?

The prominent recruiters at IIM Nagpur Final Placements drive were Microsoft, Adani, ICICI Bank, IBM, TVS, Deloitte, and Infosys.

What was the average stipend offered to MBA interns at IIM Nagpur in 2024?

The average stipend offered to MBA interns in the IIM Nagpur Summer Placements 2024 drive was INR 87,257.

What were the top profiles that were offered to the students at IIM Nagpur MBA Placements 2024?

The top profiles offered to the students at IIM Nagpur MBA Placements 2024 were that of Product Management, Area Sales Manager, Retail Banking & Supply Chain Consultant.

How many companies offered internships at the IIM Nagpur Summer Placements 2024?

More than 80 recruiters participated in the IIM Nagpur Summer Placements 2024 including Adani, Aditya Birla Capital, Dalmia, ICICI Bank, IBM, etc.

What were the most sought-after sectors in the IIM Nagpur MBA Final Placements 2024?

In the IIM Nagpur MBA Placements 2024, the most sought-after sectors were IT/ITES & BFSI followed by the Consulting sector.

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